Aegon and Dynamic Credit, the Amsterdam-based alternative fixed income asset manager, have reached an agreement on a strategic partnership. Under the agreement, Aegon will become a 25% shareholder of Dynamic Credit.
The investment will be used to accelerate the expansion into new lending products, such as buy-to-let and SME loans. Furthermore, Dynamic Credit's innovative LoanClear platform will be further upgraded and extended into an investment hub for loans from marketplace lenders. The closing of the transaction is subject to customary regulatory approval.
With over €8 billion of assets under management, Dynamic Credit aims to serve its customers by matching savings with good credit investments, which support real economic activity. This complements Aegon's mission of helping people achieve a lifetime of financial security.
For almost 15 years, Dynamic Credit's technology has connected institutional investors to borrowers faster, simpler and at lower cost.